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The leaders of Fort Lauderdale real estate are pleased to announce the launching of our iPhone application. After hearing your requests for mobile connectivity, and in keeping with our commitment to meeting South Florida’s real estate needs, we now offer this service to you, our loyal customers! The Cabot Homes Group iPhone application.

Now you can connect to Cabot Homes through your iPhone! Simply download the application from iTunes via the link at the bottom of our home page. Get Application Now

Our listings are mapped for ease of searching. Narrow or expand your searching through the search filter. Interested in learning more on a property simply click on the property to learn more details such as price, bed/bath, description and photo gallery.

We hope you enjoy our latest tools in assisting your search for your dream Fort Lauderdale home. Whether your a first time home buyer or purchasing a second home, our new application will surely be an invaluable addition to our innovative home search tools.

Sales of existing homes in Broward County increased 31 percent in September from a year ago, the Florida Association of Realtors said Friday.The Cabot Homes Group is in tune with the evolving market and the tremendous opportunities present in the greater Fort Lauderdale area.

The Tax Credit has played a large role in this increase, however it is not just that… the cheaper home prices have been drawing buyers back to the market. Broward’s monthly sales have increased on an annual basis since July 2008, which are strong indications that prices have been falling enough to attract buyers.Broward’s median price in September was $200,000, down 23 percent from a year ago and 8 percent from August.

The existing condo markets also remained hot last month, as sales shot up. Broward County’s median price for a condo fell 40 percent from a year ago to $78,300 – the lowest since the Realtors’ group started releasing condo figures in 2006.Now is the best time to take advantage of the lower pricing and rates that only Fort Lauderdale’s premiere realty service group can obtain.

The Cabot Homes Group sees the demand with first-time home buyers and is guiding them first hand.The buyers are flooding the market, trying to get into homes before the tax credit expires Nov. 30.While it’s probably too late to start the buying process now and still qualify for the credit, some buyers who are pre-qualified for loans might be able to complete their sales in time, said real estate agents.Some would-be buyers are counting on Congress to extend the credit and increase it to $15,000, but that’s far from a sure thing.

The tax incentive has helped reduce the number of properties on the market. The numbers of homes and condos for sale in Broward County are down close to 30 percent from a year ago, according to the Keyes Co.Statewide sales increased 34 percent in September, while home sales rose 9.4 percent nationally.

The Cabot Homes Group is pleased to share the continued news of the housing market continued improvements. U.S. home prices in rose for the third straight month, surpassing forecasts and suggesting that the housing market is stabilizing after a three-year plunge.

The S&P/Case-Shiller composite index of house prices in 20 metropolitan areas including South Florida rose 1.6 percent, more than triple the estimate of a 0.5 percent rise.

A record stockpile of foreclosed homes have been exerting pressure on home prices overall, but recent home sales reports show an easing up of the massive unsold inventory.

A first-time buyer credit of $8,000, which ends on November 30, has jump-started housing activity this year.Turn to the Cabot Homes Group to help you take advantage of this credit before the deadline.

“The current increases continue to support the stabilization in local and national real estate values.” Cabot Edewaard.